Income Producing Multi-Tenant Office Building for Sale

Office for Sale
Catylist Listing ID: 30671146
Property Subtypes: Office Building
Building Size (RSF): 7,820 SF
Gross Land Area: 24,235 SF
Sale Price: $430,000
Unit Price: $54.99 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: 10.5%
Last Updated: 3/31/2021

Overview / Comments

100% Leased 8 Unit office building for sale.
11% CAP Rate
New Roof / New Paint / 2 New HVAC systems
Call agent for details.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 60
Tax ID/APN: 1020300069
Zoning: M1
Property Located Between: Tom Drive and S Choctaw
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Sprinklers: None
Zoning Description: M1
Lot Frontage: 75
Lot Depth: 339
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 171, Wooddale Center, 4th Filing East Baton Rouge Parish, Louisiana

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,606 109,499 238,718
Median Age: 31.52 34.45 33.72
Households: 4,461 43,712 94,587

Contact

Photograph of Listing Agent

Scot P Guidry

Derbes Falgoust Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
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